Optal VANs success stories: How VANs work for customer, business and supplier

Optal’s Virtual Account Numbers (VANs) eliminate some of the biggest frustrations in B2B payments, increasing choice and reducing risk with an alternative payment solution. They give businesses a way to leave legacy methods behind in favour of immediate buyer and supplier control, removing friction from payments in the process.

VANs mean automated reconciliation, reduced payment errors, simplified account data, and the ability for businesses to use their payments solution to derive additional revenue. More importantly, VANs lead to better customer relationships, fewer data security risks, better eCommerce business practices, and happier suppliers.

Featuring four stories, this content demonstrates how VANs work for four different user groups:

• The insurance customer’s story.
• The Data Protection Officer’s story.
• The online marketplace story.
• The supplier’s story.